Branch office of licensee
38 Branch office of licensee
A licensee shall register any branch office of his business by giving written notice of the situation of the office to the Commissioner on or before the day on which he commences to carry on business at that branch office.
Penalty: $1 000.
A licensee shall nominate, and have at all times in his service at a registered branch office, as manager of that office, another licensee who is the holder of a current triennial certificate.
Penalty: $1 000.
The manager shall not be a licensee nominated as manager by any other licensee or in respect of any other office, and shall not carry on business as a settlement agent on his own account.
[Section 38 amended: No. 59 of 1995 s. 85; No. 58 of 2010 s. 176.]
The statute text is free to read above. View subscription options to unlock the case-law research tools for each provision.